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PROPERTY IS A HUGE ASSET

Posted on Monday March 26th, 2018

Owning a property is often the biggest dream and can be a huge asset to cater to demanding needs. LAP is one of the precise aspect of banking. Banks and finance companies offer the loan against property for either be a residential/commercial piece of land or building. So ShubhBank offers a secured loan where property acts as a security. In case of default the property used could be sold or auctioned to recover the loan amount. The basic criteria for the loan depends upon the profession of the borrower. The property should be feel from all legal tangles and should have clearly registered on the name of the applicant. The documents required for loan against property is valid proof of residence and identity. This loan can be availed for various purposes. It could be for medical need or any personal and professional need. We provide long tenure periods enabling the borrower get sufficient time to clear the loan with the attractive and lower interest rates as compared to the other “Loans with a Hassle Free Service“.